XAU/USD (GOLD) → Short-Term Analysis of Gold Spot

٢٥ نوفمبر ٢٠٢٤

hello guys.

Channel Breakdown: Gold has broken below its short-term ascending channel, signaling potential bearish momentum.

Key Support Zone: The next critical support is marked near $2,628-$2,630 (highlighted zone), which previously acted as a consolidation area.

Bearish Retest: The price may first retest the channel breakdown area around $2,690 before continuing downward. This aligns with typical market behavior in a bearish trend.

Continuation Potential: If the price fails to hold the $2,628-$2,630 support, further declines could target lower levels around $2,600 or below.

٢٥ نوفمبر ٢٠٢٤

تم فتح الصفقة

our position in a shorter time frame hit all targets

٢٦ نوفمبر ٢٠٢٤

أغلقت الصفقة: تم الوصول للهدف

the pointed area touched!